One Equity Partners (OEP), a middle market private equity firm, is to sell the Power Generation business of BRUSH Group (BRUSH) to energy technology company Baker Hughes.
One Equity Partners (OEP), a middle market private equity firm, is to sell the Power Generation business of BRUSH Group (BRUSH) to energy technology company Baker Hughes.
Headquartered in Ashby-de-la-Zouch, United Kingdom with roots dating back to 1876, BRUSH helps engineer and support a comprehensive range of power-related products and solutions including generators, condensers, motors, transformers, switchgear and control and monitoring systems. BRUSH’s Power Generation business designs, assembles and services large scale generators that provide primary and standby electrical power to customers across the infrastructure, renewables, oil and gas and utilities sectors.
The addition of the Power Generation business will enhance Baker Hughes’ core turbomachinery portfolio with electromechanical equipment.
The transaction is expected to close by the end of the year, subject to customary closing considerations.
